Chubb Hires 3 from Fireman’s Fund High-Net-Worth Team

May 18, 2015

  • May 19, 2015 at 2:25 pm
    Agent says:
    Like or Dislike:
    Thumb up 8
    Thumb down 0

    Look out Fireman’s Fund/Allianz. Chubb is after your business.

    • May 19, 2015 at 4:48 pm
      Gone Fishin' says:
      Like or Dislike:
      Thumb up 1
      Thumb down 0

      FFIC/Allianz already closed the deal selling renewal rights to ACE for the Personal Lines book. Those nearly 500 new ACE employees are queued up to make those renewal offers to the FFIC existing PI policyholders.

      • May 19, 2015 at 5:57 pm
        Agent says:
        Like or Dislike:
        Thumb up 4
        Thumb down 0

        Do you think their renewal offers will include rate increases? Chubb will hand them their heads.

        • May 20, 2015 at 1:12 pm
          Gone Fishin' says:
          Like or Dislike:
          Thumb up 0
          Thumb down 0

          Agent, I think not offering a rate increase is the preferred strategy.

  • May 22, 2015 at 7:38 pm
    FurriePrincess says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    ACE/FF are already non-renewing about 25% of the book. Chubb will pick up a share for sure.



Add a Comment

Your email address will not be published. Required fields are marked *

*